Radiant Growth Investments Ltd Issue of Equity (9948H)
May 27 2014 - 2:02AM
UK Regulatory
TIDMRADG
RNS Number : 9948H
Radiant Growth Investments Ltd
27 May 2014
27 May 2014
Radiant Growth Investments Ltd
("Radiant Growth", or "the Company")
Issue of Equity
Radiant Growth is pleased to announce that it has conditionally
raised GBP200,000 before expenses by way of a subscription of
10,000,000 new ordinary shares of no par value in the capital of
the Company ("New Ordinary Shares"), at an issue price of 2 pence
per New Ordinary Share (the "Subscription"). These funds will be
used for additional working capital.
Application will be made for the New Ordinary Shares to be
admitted to trading on AIM, which is expected to occur at 8:00am on
2 June 2014. This application is in addition to the application
referred to in the Company's announcement of 16 May 2014, hence the
Company will apply for a total of 14,000,000 new ordinary shares to
be admitted to trading on AIM, which is expected to occur at 8:00am
on 2 June 2014 ("Admission").
Following Admission, the Company will have 119,502,217 ordinary
shares in issue. The Company does not hold any ordinary shares in
treasury. Therefore, following Admission, the number of ordinary
shares with voting rights in the Company will be 119,502,217. This
figure may be used by Shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the share capital of the Company.
For further information please contact:
Radiant Growth Investments Limited
www.radgltd.com
Dato Sri' Dr Alex Teh Chee Teong, Director
Tel: + 6016 2086 666
Daniel Stewart & Company plc
www.danielstewart.co.uk
Antony Legge
Tel: + 44 (0) 20 7776 6500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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